by James A. Bacon
The University of Virginia Board of Visitors voted unanimously Friday to extend President Jim Ryan’s employment agreement for three years to 2028. His existing contract doesn’t expire until 2025.
“Jim Ryan has been a strong and focused leader for this community under extraordinary circumstances,” University Rector Whitt Clement said, as quoted by UVa Today. “We are pleased that he has agreed to this extension and look forward to what the institution will accomplish under his leadership in the coming years.”
UVA Today, the house communications organ of the Ryan administration, provided no explanation of why the Board thought it necessary to act now to extend a contract that lasts another three years, or why, if the Board was pleased with Ryan’s performance, it could not just pay him another bonus as stipulated in his contract. Last year, the Board granted Ryan a $200,000 bonus on top of his $695,000 salary. Continue reading